Ortho Medical Billing Tips: Increase Medical Practice Revenue

increase medical practice revenueIt is essential to have a well-planned, well-run system in place to keep your Ortho medical billing department under control. Making sure that claims get processed properly – using the latest codes, meeting the insurance provider requirements – and taking care of all the details relating to professional medical billing can be a full-time job in itself. For those who choose to dedicate themselves to in-house billing, MD Pro Solutions can work as a healthcare consultant for Ortho practices to help you uncover patterns, habits, and methods that may cause lost revenue, delayed payments, and potential liabilities. Our medical practice revenue services can be previewed with a simple free billing review at absolutely no cost to you. This in-depth review provides you with the ability to look at your practice through the eyes of a third party and gives us the information we need to provide you with a plan of action to start making improvements to your billing services right away.

Training and Education Services

Perhaps one of the most crucial services that we provide to our clients is ongoing training and education services for their Ortho medical billing staff. The change from ICD-9 to ICD-10 left many practices in a bad situation with denied claims, delayed payments, and outright rejections from insurance providers. Some are still struggling to this day to recover from the effects that it had on their professional medical billing team. Education and training are the only way to ensure that your team has the tools they need to accurately navigate the significant changes that have occurred in the healthcare industry in recent years. The economics of healthcare continues to expand and evolve, along with new federal regulations and insurance provider requirements, it can be a veritable nightmare.

In addition to training for your billing team, we can also offer educational opportunities for your front office staff and perform a complete analysis and update of all the medical billing codes used at your practice. Because we work only with Ortho, ENT, and Plastic Surgery specialists, we are focused on the medical codes necessary for those types of practices. Our team can assist you in a review of all forms, medical systems, and billing programs currently in-use, not to pressure you into making costly changes but to ensure that you are getting the most out of every service that you pay for and use for your daily tasks. Our services have been able to help our clients to increase receipts through charge captures, coding support, and no-show rates.

Fraud Prevention Benefits

When you work with a consultant for medical practice revenue services, you give yourself a layer of protection from fraud. When we perform our free billing review and then offer comprehensive reviews and offside audits performed by a CPA, it provides you with a clear picture of how your Ortho medical billing team is performing. Offsite reconciliations can be provided to ensure that the cash collected at the front desk matches the banked receipts. We also offer annual chart auditing and annual surgical chart auditing to help you stay on top of all the information you need and ensure that everything is operating as it should at your practice.

Professional medical billing consulting can help to streamline the operations of your practice or clinic, significantly reducing the amount of time spent worrying about Ortho medical billing. We can assist you in implementing new practices and procedures designed to boost morale, increase productivity, and reduce paperwork for your staff. Our team will provide detailed monthly reports and client support to improve management decisions through better information. You can keep your current medical billing software or provider – we won’t ever pressure you to switch to our professional billing services or change providers.

Get a FREE Billing Review

If you would like to learn more about our medical practice revenue services or would like to speak with a consultant about your practice needs, contact our team by calling toll-free at 1-800-853-8110. We can answer any questions you might have about our professional medical billing services or help get you started on the path to streamlining your office and increasing practice revenue with a FREE billing review for your Orthopedic, Otolaryngology, or Plastic Surgery practice, clinic, or surgical center.